Henley & Partners World’s Wealthiest Cities Report 2025

Current Context: The Henley & Partners World’s Wealthiest Cities Report 2025 ranks cities worldwide based on the number of High-Net-Worth Individuals (HNWIs), specifically those with wealth exceeding $1 million.

• The report is published annually by Henley & Partners, in partnership with New World Wealth, providing insights into global wealth distribution.

Key Findings:

• Release Date: May 23, 2025
• India’s Position: Mumbai ranked 27th globally, making it the wealthiest city in India, with 51,000 millionaires and 25 billionaires.

Global Rankings:

• New York City (384,500 HNWIs) – Retained the top spot globally.
• Bay Area (San Francisco & Silicon Valley) – Ranked 2nd.
• Tokyo, Japan – Ranked 3rd.
• Singapore – Ranked 4th.
• Los Angeles, USA – Ranked 5th.

Growth in Mumbai: Mumbai saw a 69% increase in millionaire numbers over the last 10 years, reinforcing its financial hub status in India.

Question:

Q.1 What is the rank of Mumbai in the Henley & Partners World’s Wealthiest Cities Report 2025?
a) 20th
b) 25th
c) 29th
d) 27th

Answer: d) According to the 2025 report, Mumbai ranks 27th globally in terms of the number of High-Net-Worth Individuals (HNWIs), making it the wealthiest city in India.